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Milkfood - Quaterly Results

01 May 2023 Evaluate
The Sales for the quarter ended March 2023 of Rs. 1334.50 millions rose by 43.54% from Rs. 929.70 millions.Profit for the quarter ended March 2023 rises by 93.71% to Rs. 33.90  millions from Rs. 17.50 millions.The company reported a good operating profit of 83.00 millions compared to 40.50 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1334.50 929.70 43.54 4674.00 3162.00 47.82 4674.00 3162.00 47.82
Other Income -2.20 0.10 -2300.00 34.70 31.50 10.16 34.70 31.50 10.16
PBIDT 83.00 40.50 104.94 272.70 161.70 68.65 272.70 161.70 68.65
Interest 33.00 17.10 92.98 97.80 73.20 33.61 97.80 73.20 33.61
PBDT 53.60 23.40 129.06 178.50 88.50 101.69 178.50 88.50 101.69
Depreciation 16.50 17.70 -6.78 63.60 65.40 -2.75 63.60 65.40 -2.75
PBT 37.10 5.70 550.88 114.90 23.10 397.40 114.90 23.10 397.40
TAX 3.20 -11.80 -127.12 17.40 -11.80 -247.46 17.40 -11.80 -247.46
Deferred Tax -13.90 -12.10 14.88 -10.10 -12.10 -16.53 -10.10 -12.10 -16.53
PAT 33.90 17.50 93.71 97.50 34.90 179.37 97.50 34.90 179.37
Equity 48.90 48.90 0.00 48.90 48.90 0.00 48.90 48.90 0.00
PBIDTM(%) 6.22 4.36 42.78 5.83 5.11 14.09 5.83 5.11 14.09
Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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